Monday, December 10, 2007

Q-Cells gets solar wafer supply deal with LDK Solar

FRANKFURT, Dec 10 (Reuters) - German solar cell maker Q-Cells (QCEG.DE: Quote, Profile, Research) set up a ten-year supply deal for solar wafers with LDK Solar (LDK.N: Quote, Profile, Research) to secure future growth, the company said on Monday.

The contract runs from 2009 to 2018 and the total volume will enable Q-Cells to manufacture cells with an overall output of more than 6 gigawatt peak additional to current expansion plans, it said.

While parts of the pricing of the wafers will be fixed for 2009 and 2010, the fixed pricing element can be adjusted to market conditions thereafter, Q-Cells said. (Reporting by Eva Kuehnen)

No comments: